Field of Membership Restrictions
Generations Credit Union is open to those who live or work in the state of Washington. Established members can open CDs over the phone, but those who are joining Generations CU need to visit a branch to open a CD.
See current membership details
Racist Predatory Bank
Beware! Danger! Do not hold any Solar loans with this company! This company is a fraud! Generations Credit Union is the worst bank I have ever dealt with in my entire life. They add legal fees to your loan with no judgement from a judge. If you fight them back they threaten you! I went to pay off my balance in full and they refunded payment of over 15k to add more legal fees. Black people, please advise and listen! Generations Credit Union is nothing more than a predator! They are racist white predators out to take what you have worked hard to earn. Do not do business with these crooks. I literally paid off my loan and they refunded it because they are nasty , racist predators. They are literally trying to hold me hostage. I’m never changing this review! All of Washington DC is going to hear about this. The attorney they use is also a nasty racist crook and needs to be reported to the bar council. This matter is on going. Rebecca Rowe, a racist. Chase Roper, a racist.
Data as of Q1 2025
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 60079 |
| Year Chartered | 1934 |
| Employees | 47 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.17% |
| Return on Equity - YTD | 1.49% |
| Annual Interest Income | $2.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $193.6MM$209.7MM |
| Loans | Q1 2025vs Q1 2024 | $121.5MM$145.3MM |
| Deposits | Q1 2025vs Q1 2024 | $165.9MM$182MM |
| Equity Capital | Q1 2025vs Q1 2024 | $21.8MM$21.3MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $746K$1.3MM |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $1.3MM$1.5MM |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |